Las Coquetas I Group
Albina C. Gómez is a member of the group. She is 41 years of age and studied at secondary school. She has a sewing workshop in her home where five people help her with her sewing tasks. The clothes that she sews are distributed to a large company, which is why at times she has a lot of work due to the orders that she receives.
Albina has worked for just over 15 years in her sewing workshop and she has a lot of experience in this field. Her neighbours and relatives see her as a hardworking, responsible and attentive woman. She also attends to home duties and she has a 4 year old son.
Albina decided to work in a field that would help her obtain an income that would give her family a better quality of life. The loan that Albina is requesting will be used to purchase another sewing machine and to maintain her existing sewing machines, with the aim of expanding her sewing workshop.
About CrediComunThis loan is administered by CrediComun, a Kiva Field Partner since February 2010. CrediComun is dedicated to providing loans to groups of women in rural areas in Mexico, and is beginning to lend to individuals as well. One of its newest branch offices is in Ciudad Neza, a poor suburb on the outskirts of Mexico City. CrediComun has grown rapidly since its inception in 2005, with 37 branch offices and over 350 employees, and was ranked the 12th best microfinance institution in Latin America in 2010 according to the Microfinance Information Exchange (MIX).
For more information on CrediComun, please visit its partner page. If you would like to support CrediComun and its borrowers, please visit its lending team.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid